Why This Course? 

A thorough understanding of the annual accounts is critical to decipher the true state of affairs, results, creditworthiness, and enterprise valuation. Gain insight into the most crucial reports in just 2 days.

The learning & outcome

1. Understand the Annual Report (Structure and Purpose)

• Introduction to annual reports: listed (regulated) vs. non-listed (flexible).
• Key sections: foreword/CEO review, financial statements, notes, audit report.
• Understand GAAP vs. IFRS and their impact on reporting.
• Identify data sources: company websites, legal websites, and stock exchange information.

2. Financial Analysis: Master Quantitative Analysis of Financial Data

• The profit and loss statement: Revenue, costs, profitability.
• Balance sheet: Assets, liabilities, equity.
• Cash flow statement: Operating, investing, and financing activities.
• Ratios: liquidity (current ratio), profitability (ROS), investors (ROE), efficiency (DSO, DPO, DIO).

3. Non-Financial: Qualitative Analysis Influencing Performance

• Business model, strategy, and market position.
• Risk factors: legislation, environment, operational.
• Governance and sustainability (ESG).
• Management perspective on growth and external insights (news, social media).

4. Conclusion and Recommendations

• Financial Analyst: Trends, forecasts.
• CFO/Credit Manager: Liquidity, creditworthiness (DSO, cash flow).
• Investor/Shareholder: ROI, growth potential.
• Supplier/Customer: Payment reliability, and stability.
• SWOT analysis, benchmarking, and scenarios (short vs. long term).

5. Presentation and Reporting: Communicate Findings Clearly and Effectively

• Structure reports with key figures and visuals (e.g., profit trends).
• Tailor presentations: technical for analysts, simple for clients.

6. Case Study: Practical Learning with AI-Driven Research

• Objective: Apply skills using AI tools.
• Use AI for stakeholder insights and competitor comparison.
• Develop AI-supported recommendations and predictions.

Who is it for?

• Managers and Consultants: Seeking to develop strategic recommendations.
• Financial Analysts: Wanting to understand trends and forecasts for investment advice.
• CFOs and Credit Managers: Needing to manage liquidity, solvency, and credit risks.
• Investors and Shareholders: Assessing returns and growth potential.
• Suppliers and Customers: Looking for reliability and stability in business partners.

Learning Methodology: Residential and Online

The training is delivered through a blend of theory and concepts, combined with practical and interactive exercises and case studies. Practice-oriented learning and critical analysis are key themes in all our courses, ensuring participants can immediately apply the acquired knowledge and techniques in their workplace.

• Sofie, Manager at a consultancy firm: "From balance sheets to strategy, everything was clearly explained. The presentation tips make my advice more convincing. Perfect for consultants!"
• Ahmed, CFO of a medium-sized company: "Cash flows and ratios like DSO are no longer a mystery. The AI tools assist me practically in my work. Extremely valuable for credit management!"
• Lisa, Investor: "Financial analysis combined with growth potential and risks. In two days, I gained tools for smart investments. Exactly what I needed!"
• Mark, Supplier in the construction sector: "Quickly learn to assess the stability and payment behaviour of clients. Both financial and operational insights are applicable. A short but powerful programme!"
• Peter, Financial Analyst: "This training gave me insight into annual reports in just two days. The AI case study was a game-changer for competitor analysis. A real boost for my work!"